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Condensed Consolidated Statements of Operations - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Mar. 31, 2020
Mar. 31, 2019
Mar. 31, 2020
Mar. 31, 2019
Interest income:        
Loans receivable, net $ 9,622 $ 10,011 $ 30,017 $ 30,516
Investment securities 478 592 1,659 1,381
FHLB - San Francisco stock 144 144 432 565
Interest-earning deposits 186 386 621 1,111
Total interest income 10,430 11,133 32,729 33,573
Interest expense:        
Checking and money market deposits 106 102 333 327
Savings deposits 131 139 396 437
Time deposits 509 600 1,571 1,851
Borrowings 794 680 2,318 2,158
Total interest expense 1,540 1,521 4,618 4,773
Net interest income 8,890 9,612 28,111 28,800
Provision (recovery) for loan losses 874 4 671 (450)
Net interest income, after provision (recovery) for loan losses 8,016 9,608 27,440 29,250
Non-interest income:        
(Loss) gain on sale of loans, net 14 1,719 (115) 7,114
Gain (loss) on sale and operations of real estate owned acquired in the settlement of loans, net   2   (4)
Other 173 225 557 575
Total non-interest income 1,101 3,052 3,515 11,196
Non-interest expense:        
Salaries and employee benefits 4,966 9,292 14,950 24,753
Premises and occupancy 845 1,286 2,603 3,905
Equipment 314 417 855 1,333
Professional expenses 351 513 1,090 1,371
Sales and marketing expenses 177 246 506 668
Deposit insurance premiums and regulatory assessments 54 124 97 461
Other 798 1,122 2,196 3,088
Total non-interest expense 7,505 13,000 22,297 35,579
Income (loss) before income taxes 1,612 (340) 8,658 4,867
Provision (benefit) for income taxes 467 (189) 2,553 1,237
Net income (loss) $ 1,145 $ (151) $ 6,105 $ 3,630
Basic earnings (loss) per share $ 0.15 $ (0.02) $ 0.82 $ 0.49
Diluted earnings (loss) per share 0.15 (0.02) 0.80 0.48
Cash dividends per share (in dollars per share) $ 0.14 $ 0.14 $ 0.42 $ 0.42
Loan servicing fees        
Non-interest income:        
Total non-interest income [1] $ 131 $ 262 $ 631 $ 863
Deposit account fees        
Non-interest income:        
Total non-interest income 423 471 1,321 1,485
Card and processing fees        
Non-interest income:        
Total non-interest income $ 360 $ 373 $ 1,121 $ 1,163
[1] Not in scope of ASC 606.